Whilst perusing the boards of www.housepricecrash.co.uk they were discussing the price of peak oil and whether they have raced it. and someone on there linked to the following book - "The energy non-crisis" and video..

Before you watch the following. Have a brief read of the link.the video was Filmed in late 2007, That is Lindsay Williams. A southern "man of the cloth" who volunteered to be a chaplain for the workers working on a pipeline in Alaska in the 70's. Now I am unsure whether the chapters in the above link is an entire transcript of his book or just exerts (I haven't had time to read them yet). I just went by the following video...

Before you watch it, I'll re-emphasise that he is a southern "man of the cloth" therefor he talks with a certain "and may god damn thee!!" style that I'm very cynical of considering what my thoughts on religion are as a Britalian agnostic. But I digress.. He also repeats himself and constantly refers to his book in his video, as well as points that he'll make later in the speech and to me that gets annoying Very fast. There's an hour and 15 mins worth of him talking there. But in the interests of neutrality, I listened to it without allowing myself to be brainwashed into some kind of "judgement day is coming" delusion :P . But I'll state the key points that Rev williams makes in this vid beneath it. in a Timeline order. (given the length of his speech, at the time of writing, I've only watched/listened to it once and I've not yet read everything on the link I've given above.)


1) in the 60's, After the middle east was discovered to be rich in Geological go-go Juice (oil :P ) Henry Kissenger Went over there and attempted to make deal with those nations. That deal was the USA will buy and consume middle eastern oil on the condition that the currency to trade the oil will ALWAYS be US dollars. (have you ever wandered why the price is always quoted in "dollars per barrel" an not any other currency?) In doing so. This brings money in to "pay off" the US national Debt. And the countries that agree become very rich.

All but a few of those nations agreed to to this. I can't remember off hand how many there were that didn't, I'll find out by watching the video again but I need my sleep in a bit :P but the most notable exceptions were the big "I"s Iraq and Iran. who co-incidentally, have the largest oil deposits in the Middle east, although I'm not sure who has the larger.

2) cut to the 70's (this is one of the first things that Rev. Williams Talks about in his vid) according to the telling of his time In and around Gull island, Alaska They Found america's largest oil Deposits. How large? enough to be on par with (if not more so than) the entire middle east. Enough to keep the US energy self sufficient for the next 2 centuries. Great news so everyone might think, however the Powers that be have not extracted as much as a drop from there.

3) Cut to the reign of George Dubya senior. I myself am no scholar of recent middle eastern History. but according to Willaims, Kuwait was a former Iraqi State that "broke away". and decided to trade oil with the US. Iraq/Hussein was clearly not happy with this. So he starts a plan to invade Kuwait and return it to Iraqi rule. Williams claims to have met the man that was told By Dubya senior to inform Saddam that.. "The U.S will not attack should they decide to invade/restore Kuwait" (or words to that effect) the US/Dubya senior would then disavow knowledge of this. thenUse the invasion of Kuwait (by iraq) as an excuse to attack Iraq. (gulf war I)

3) cut forward to the reign of George Dubya Junior. in one single month of summer 2007. The US racks up 10's of Billions of dollars in national Debt. (I think the figure was $60 billion)

4) Again according to Williams, "sometime soon" (he mentions a "date" in the future that this will happen, but it wasn't captured in that vid). Iran will "flood the world with cheap oil". And it will Trade in Euros. This will be a Killer Blow to US dollar and it's Economy. As due to the Deal struck by Kissenger in the 60's. And due to the moronic Financial (mis)management by George Dubya junior and his predecessors. Has resulted in the continuation of the states requiring to buy Middle eastern oil.

Also Williams states that if the US taps into what (is supposedly) it's largest oil Deposit in Alaska. again, this will collapse the US Dollar and Economy.

Williams also claims that The price of Gas is being kept artificially high, as the US places a "tax" on the oil. this is an attempt to clear this debt that's just still growing. I can't remember if williams states any specifics on this on the vid. but it makes sense in terms of the UK. here in the UK there is an INSANE level of tax on Petrol/gas. We call it Fuel duty.

At this point I'll digress a bit here, I work as a field engineer for a service company for drilling operations both Onshore and offshore. I've seen first hand the Technology, and heavy engineering required to first of all, make long holes in the earth using long steel-pipe spaghetti. and also the technology to get that out once it's drilled. Now, somewhat controversially, I do think that oil, as things stand right now is reasonably priced. Yes you heard/read me correctly. Now to drill the hole, get it out of the ground, get it shipped/piped to an onshore refinery/ then transported to the forecourt/station pumps the entire cost of that is.....

around £0.40 pence per liter. (that's around $0.80 for you guys across the pond, and there are roughly 3.8 liters to a US gallon) Let's put this into some perspective here. On mainland europe The exact same drilling techniques are used to find mineral water reserves and that is pumped out and bottled for sale on supermarket shelves. these can cost £0.75 per liter upwards, sometimes costing£5.00/liter in the really exclusive brands/shops.

Allowing for oil company profit and a reasonable level of tax as a UK citizen, I'd be happy to see Prices around £0.60 to £0.75 per liter. Given that here in the UK the price of Petrol is £1.20+ per liter. So where does the rest of it go? It's Called fuel duty, which is basically the tax that that goes to the government only to be managed/spent wastefully. That is the opinion of many UK citizens just now. Myself included and I don't use the car that much.

I'm guessing this is what Williams referred to as prices in the US being artificially inflated. I'm not sure what the price of US petrol is just now as I write this.

From a neutral Pint of view, I'd like to see solid evidence that there is this reserve in Alaska. Based on that video he just has witnesses and endorsements. If I had the time and money to do this on a whim ( I Live in scotland) I'd take a trip to gull Island, Alaska and see if there was any evidence of past oil drilling and production there. I may also scan for an inactive unguarded pipeline around there.

Looking at events now, look at iraq recently. Some time before dubya junior came along and tried to finish what his father couldn't. Guess what Iraq started doing? yup it started to sell Oil in Euros.... (written in 2000)

At first Iraq was laughed at. Then it seemed that Iraq was doing well and making a lot of money from selling in this way. Taking sales away from the original oil currency. The $US.

the following was written in june 2003

To me this sums up the real reason why the US, currently, has presence in the middle east like that of a wounded drunk in a bar brawl. Itching for more conflict and unaware of it's Injuries determined to win no matter what the cause. And will explain why the US (or more specifically Dubya junior, I realise many of its citizens are "waking up") is itching for a scrap with Iran. This is not for the supply of oil. but the Economic Bartering of oil and the US's Fight to keep trading in it's own currency. Without which, the US Economy will plunge into Darkness. By the looks of things, The Iranians have already phased out the dollar Judging by this article

bit of a long post I know, but if you could take that (as well as the video) all in. What does everyone esle think here?